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Shore Bancshares (Shore Bancshares) Pre-Tax Income : $14.2 Mil (TTM As of Dec. 2023)


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What is Shore Bancshares Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Shore Bancshares's pretax income for the three months ended in Dec. 2023 was $14.5 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $14.2 Mil. Shore Bancshares's pretax margin was 29.56%.

During the past 13 years, Shore Bancshares's highest Pretax Margin was 36.40%. The lowest was 8.88%. And the median was 31.24%.


Shore Bancshares Pre-Tax Income Historical Data

The historical data trend for Shore Bancshares's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shore Bancshares Pre-Tax Income Chart

Shore Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.89 21.05 21.18 42.14 14.18

Shore Bancshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.36 8.89 5.51 -14.73 14.51

Competitive Comparison of Shore Bancshares's Pre-Tax Income

For the Banks - Regional subindustry, Shore Bancshares's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shore Bancshares's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shore Bancshares's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Shore Bancshares's Pre-Tax Income falls into.



Shore Bancshares Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Shore Bancshares's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+14.184
=14.2

Shore Bancshares's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+14.506
=14.5

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shore Bancshares  (NAS:SHBI) Pre-Tax Income Explanation

Shore Bancshares's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=14.506/49.071
=29.56%

During the past 13 years, Shore Bancshares's highest Pretax Margin was 36.40%. The lowest was 8.88%. And the median was 31.24%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shore Bancshares Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Shore Bancshares's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Shore Bancshares (Shore Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
18 East Dover Street, Easton, MD, USA, 21601
Shore Bancshares Inc is a financial holding company. It offers personalized banking, insurance, and investment services to families and businesses in the Mid-Atlantic region. It operates in two business segments - community banking and mortgage banking. Community banking is conducted through the Bank and involves delivering a broad range of financial services, including lending and deposit-taking, to individuals and commercial enterprises, it also includes treasury and administrative functions. Mortgage banking is conducted through the Bank's secondary marketing department and involves originating first and second-lien residential mortgages for sale in the secondary market.
Executives
John Lamon director 62 EAST LAKE DRIVE, ANNAPOLIS MD 21403
Dawn M. Willey director 18 E. DOVER STREET, EASTON MD 21601
Kelly Clyde V. Iii director 28969 INFORMATION LANE, EASTON MD 21601
Konrad Wayson director 5378 SUDLEY ROAD, WEST RIVER MD 20778
Christy Lombardi officer: Chief Human Resources Officer 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Slater A Joseph Jr director 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Jenkins Louis P Jr director 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Stone Joseph V Jr director C/O TRI-COUNTY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601
James M Burke director, officer: President & CEO 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Mary Todd Peterson director 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Todd L Capitani officer: EVP & CFO 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Sanders Edward Lawrence Iii director C/O THE COMMUNITY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Brian Scot Ebron officer: Chief Banking Officer C/O THE COMMUNITY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Tala Tay officer: Chief Risk Officer C/O THE COMMUNITY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601
Rebecca Middleton Mcdonald director C/O THE COMMUNITY FINANCIAL CORPORATION, 3035 LEONARDTOWN ROAD, WALDORF MD 20601